Entity Owned Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
1996
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
171,710 SF
Lot
6.72 ac (292,581 SF)
Zoning code
IL
APN
125381-0270
UPID
US90-3262318
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Industrial Manufacturer Production Facility
-
Printing Service (Bike/Boat/Book/etc) Store
-
Industrial Manufacturer Production Facility
-
(Bike/Boat/Book/etc) Store Corporate Office
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$29.04M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$30.42M
Owner & transaction history
since 2020
Last sale
$29.5M
7 recorded transactions
Zoning & alternative use
IL · Renton, WA
Zoning description
IL Zone. 25. A preschool or day care center, when accessory to a public or community facility listed in RMC 4-2-060 G, is considered a permitted use which does not require a hearing examiner conditional use permit. (Ord.…
General category
INDUSTRIAL
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 3 comparables with addresses
Sensitivity value band
Source audit · 6 inputs
PDF export
Analytics Standard · 5 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$30.42M
Value range
$27.37M – $33.46M
±10% around blend
Estimated value / SF
$177 / SF
Confidence
Low
3 county-verified comps
Property data
100
Market benchmarks
67
Comparable evidence
30
$27.37M
blend $30.42M
$33.46M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
171,710 SF
Lot area
6.72 ac
Year built
1996
Stories
1
APN
125381-0270
Zoning
IL
Assessed value
$31,909,300
Annual tax
$316,453
3
Income approach: direct capitalization
Partial preview
Income approach indication
$29.04M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$31.46M
@ 6.5% CAP return
$29.04M
@ 7% CAP return
$26.96M
4
Sales comparison
Partial preview
Sales approach indication
$30.20M
Weighted, 3 comps · low confidence
Evidence
3 found · 3 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
4.0 mi away · 128,746 SF
8.4 mi away · 156,000 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$30.42M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
Submarket 209 sales
$295
-40%
County 375 sales
$287
-38%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $177/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 3 sales
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
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Overview
Implied cap rate
5.60%
Implied, in-place cap rate for this distribution centers
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 5.60%
9.0%
NOI (est.)
$2.07M *
Last sale · Aug 2020
$29.50M
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$36.88M
Move the market yield to see immediate price impact.
Value / SF
$215
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.10%5.60%6.10%
$1.86M
$36.44M
$33.19M
$30.47M
$2.07M
$40.49M
$36.88M
$33.85M
$2.27M
$44.54M
$40.56M
$37.24M
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
3 found
Low confidence · county-verified
Closest comparable
$22.50M
2.1 mi · Oct 2025 · $172/SF
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$316,453
Tax year 2022
Assessed value
$31,909,300
Assessed 2022
Previous assessed
$31,909,300
+0.0% YoY
Effective rate
0.99%
On assessed value
Assessed land
$3,364,600
Assessed improvement
$28,544,700
Land market value
$3,364,600
Improvement market value
$28,544,700
Total market value
$31,909,300
Applied tax rate
2,100.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
Off-Market
Year built
1996
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
SPACE
Stories
1
Total area
171,710 SF
Lot
6.72 ac (292,581 SF)
Zoning code
IL
APN
125381-0270
UPID
US90-3262318
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
IL · Renton, WAZoning IL · permitted uses
IL · Renton, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Zoning description
IL Zone. 25. A preschool or day care center, when accessory to a public or community facility listed in RMC 4-2-060 G, is considered a permitted use which does not require a hearing examiner conditional use permit. (Ord.…
General category
INDUSTRIAL
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1996
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
SPACE
Stories
1
Lot
6.72 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Matched to the official district catalog
IL
INDUSTRIAL
Jurisdiction
Renton, WA
Recorded code
IL
Official district
IL
Official district profile
What the municipal code says about IL
Zoning description
IL Zone. 25. A preschool or day care center, when accessory to a public or community facility listed in RMC 4-2-060 G, is considered a permitted use which does not require a hearing examiner conditional use permit. (Ord.…
General category
INDUSTRIAL
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for IL in Renton, WA.
What opens after registration
Zoning profile
Official descriptionThe district text from the municipal code
District factsZone name, category and district area
3 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
One complete report on every paid plan · 5 · 30 · 100 reports per month.
Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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